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If you’re considering selling a real estate property, you might be pondering which renovation works to undertake to increase its value before it hits the market. While many renovation projects can make your property more appealing, it’s crucial to discern which projects will enhance its value and which ones won’t.
Whether it involves refurbishing your bathroom or repairing your roof, this article will help you determine which renovation projects are worth the investment. Whether you’re gearing up to sell your house in Tunis, Nabeul, or Sousse, Al-Mindhar presents 5 renovation works to avoid at all costs and what should be done instead.
- I-Five Renovation Projects to Avoid and What to Do Instead
- 1- Installing High-End Fixtures and Equipment
- 2- Installing a Stand-Up Shower
- 3- Installing a New Front Door
- 4- Trendy Designs
- 5- Creating a Sunny Terrace
I-Five Renovation Projects to Avoid and What to Do Instead
1- Installing High-End Fixtures and Equipment
While they may enhance the aesthetic appeal of your property, replacing your current electrical and electronic appliances with expensive high-end fixtures is an improvement that doesn’t add value to your property. Installing upscale faucets, ceiling fans, or customized lighting might seem like an easy way to add value to a room in your home, but these enhancements won’t significantly increase your property’s value enough to cover the purchase and installation costs. Furthermore, potential buyers won’t necessarily pay more for a house solely based on high-end accessories.
Instead, consider installing affordable yet high-quality equipment. If you aim to modernize your home’s fittings, opt for durable, high-quality products available at a reasonable price. This stands as one of the improvements that add value to your home, giving it the desired fresh update without losing money along the way.
2- Installing a Stand-Up Shower
If you’re considering renovation work to modernize your home’s bathrooms, your initial thought might be to replace bathtubs with stand-up showers. While this solution seems elegant, it’s another example of an improvement that doesn’t add value to your property.
It’s advisable to opt for a stand-up shower while retaining at least one bathtub. When undertaking renovation work with the hope of increasing your home’s value, keeping options open is crucial. Some buyers enjoy soaking in a bathtub or have young children and require a bathtub in their home. To ensure your home remains practical, make sure to leave at least one bathtub in the house to appeal to all types of buyers
3- Installing a New Front Door
There are plenty of other ways to make a great first impression with your entrance without replacing your front door. Front doors can be very costly, don’t increase the resale value of the house, and might not necessarily enhance the overall quality of your entrance as anticipated.
Instead, consider repainting the door and adding plants to the porch. To make your entrance more appealing, try incorporating colorful plants and placing a more welcoming doormat. If your front door needs a little care, save money by having it repainted.
These changes will significantly enhance the charm of your entrance without requiring a large sum of money to be spent.
4- Trendy Designs
Many homes incorporate vibrant wallpapers, intricate tile designs, or medieval furniture, and you might be tempted to add these trendy elements to your home to attract potential buyers. However, like all trends, they are prone to quickly becoming outdated. If your house remains on the market long enough for the trend to fade, these elements might make your home appear outdated.
Instead, prioritize neutral and timeless elements. Interior decoration trends are ever-changing, but there are foundational elements that never go out of style. By choosing neutral paint colors, installing solid-colored tiles, and opting for simple decor, your home will appeal to all potential buyers, regardless of their style preferences.
5- Creating a Sunny Terrace
Sunlit terraces are a delicate subject, as some buyers adore them while others deem them unnecessary. Undertaking significant renovation work, such as building a solarium or a sunny terrace, can be costly and generally isn’t factored into the total square footage of a house.
Given that a sunroom or terrace may not be included in the final calculation, there’s no guarantee that adding one to your home will increase its value. Instead, consider refreshing your terrace or backyard by repainting and adding greenery.
Make the most of your terrace by transforming it into an additional space for entertaining guests.
